Host Hotels & Resorts (NASDAQ:HST) Upgraded by Barclays to “Hold” Rating

Host Hotels & Resorts (NASDAQ:HST) was upgraded by analysts at Barclays to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Several other equities analysts have also recently commented on HST. JPMorgan Chase & Co. boosted their price objective on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Truist Financial boosted their price target on shares of Host Hotels & Resorts from $19.00 to $21.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. Wells Fargo & Company upgraded Host Hotels & Resorts to a “strong-buy” rating in a research report on Friday, October 3rd. Finally, Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their target price for the stock from $18.00 to $22.00 in a research note on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.58.

Host Hotels & Resorts Trading Down 2.6%

Shares of HST stock opened at $17.79 on Tuesday. The stock has a market capitalization of $12.23 billion, a price-to-earnings ratio of 16.94 and a beta of 1.18. The company’s fifty day simple moving average is $17.69 and its two-hundred day simple moving average is $16.92. Host Hotels & Resorts has a 1 year low of $12.22 and a 1 year high of $18.72. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Host Hotels & Resorts had a return on equity of 11.11% and a net margin of 12.43%.The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.36 earnings per share. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. As a group, analysts anticipate that Host Hotels & Resorts will post 1.88 earnings per share for the current year.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 11,954 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $18.15, for a total value of $216,965.10. Following the completion of the transaction, the executive vice president directly owned 668,927 shares in the company, valued at approximately $12,141,025.05. This represents a 1.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.40% of the company’s stock.

Institutional Trading of Host Hotels & Resorts

A number of hedge funds have recently bought and sold shares of HST. Norges Bank purchased a new position in shares of Host Hotels & Resorts during the second quarter worth approximately $554,669,000. Geode Capital Management LLC raised its position in Host Hotels & Resorts by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock worth $398,425,000 after purchasing an additional 636,983 shares during the period. Invesco Ltd. lifted its stake in Host Hotels & Resorts by 9.7% in the third quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock worth $425,866,000 after purchasing an additional 2,217,322 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Host Hotels & Resorts by 3.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 10,734,333 shares of the company’s stock valued at $164,879,000 after buying an additional 341,915 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Host Hotels & Resorts by 96.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 10,390,395 shares of the company’s stock valued at $176,845,000 after buying an additional 5,096,099 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.

The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.